I'm asking this question because I'm getting different answers from different CPAs as to how much I would save. I'd like to sell one of my rentals and put the proceeds into stocks instead, but if the tax hit is too h...
Hello,My grandparents are selling a piece of property for about $800k. Apparently someone told them that they could save on taxes by splitting the property between multiple people and then selling it. I guess the logi...
If you're a real estate investor looking to maximize your tax savings and boost cash flow, cost segregation might be your secret weapon. Here's a case study on a 6-unit apartment building that shows just how much you ...
Dear fellow investors,I am under contract to purchase a facility. The current assessment is about half of the purchase price so the real estate tax will go significant up. My attorney recommended that I consider split...
Looking at some SFR homes to purchase, in the $140K range ( 1 story, brick ranch, garage, 3br). Providing all the usual calculations work out ( rent, expenses, management) I have a few more questions on how to help my...
I have a question about the best way to hire my son to maximize tax savings.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental properties (not under the S ...
“Wealthy people buy real estate.” I realize I’m fortunate enough to count myself among them. These supposed tax savings though… where are they?
My wife and I are fortunate enough to have two W2 jobs making ~$150k /...
I have a question about the best way to hire my son to maximize tax savings for the both of us.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental propertie...
Oftentimes we think of a cost segregation study only on residential properties or office buildings. But it can be so beneficial for a number of types of properties. While I have seen cost segregation studies generat...
I am trying to think of the best scenario to get maximum tax benefit for rental property in the following scenario.
Say that I have a house that is paid off and I want to convert it to rental property. If I take cas...